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20130216
20130224
STATION
MSNBC 2
MSNBCW 2
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English 10
Search Results 0 to 9 of about 10 (some duplicates have been removed)
FOX News
Feb 22, 2013 9:00pm PST
ceiling. >> july, 2011 with budget and debt ceiling negotiations stalled, leaders from both parties tried to force a compromise and now bob woodward spoke, the price of politics details a white house idea to guarantee that their plan would lead to results down the road. at 2:30 p.m., jack lew and rob nabors went to meet with the chief. and we had an idea for a trigger, lew said. what's the idea, reid said skeptically. sequestration, it was a bomb no one wanted to drop and an action forcing event. >> we're going to be able to come to some agreement with the white house and end this impasse. >> we're been willing to say that there could be a sequestration as long as it included some revenue. >> and the automatic cuts would slash defense and domestic spending, both sides claim victory. >> 98% of what i wanted. i'm pretty happy. >> and leaders of both parties in both chambers have reached an agreement. it establishes a bipartisan committee of congress to report back by november. tough cuts that both parties would find objectionable would automatically go into effect if we don't have. >> one o
MSNBC
Feb 16, 2013 9:00am PST
is we will reduce spending for $1 for every dollar that we raise the debt ceiling back in august 2011. that's what a lot of folks forget, alex, is that this is the last piece of the august 2011 debt ceiling agreement whereby the president, senate democrats and house republicans said, okay, let's raise the debt ceiling but for every dollar we raise that debt ceiling, we'll lower spending by a dollar. so i am in favor of keeping that agreement. >> but keeping that agreement, if the sequester goes into effect, according to the cbo, it says it will cut u.s. growth in half. it will cost at least 1 million jobs and jobs by extension, consumers, which drive the economy. don't you agree that losing 1 million jobs will be disastrous to the recovery? >> if you turn just to the cbo, the stimulus of three years ago would have solved all of our problems and we would not have had all the difficulties we have today. would have led to tremendous gdp growth. neither does the cbo ever report or take into consideration the impact the huge debt has on the growth of our gdp and job creation. we can have a
FOX News
Feb 19, 2013 3:00pm PST
to the tet ceiling. republicans decided they don't want to make a fan of debt ceiling. it sounds like the sequester will happen. we don't know how long it goes in effect for. when they go in effect, it will be painful and there will be the pressure on republicans to come to the table to negotiate what the president calls the balanceed approach. to do spending cuts. maybe not. we don't know. republicans seem to think that at least getting the cuts would level the playing field. may will go forward in government shutdown debate from there. i think the sequester is going to happen. >> bret: back in novembe november 2011, when -- we have all be through this, where sequester was proposed by the white house a something that it would be so bad that the super committee had to get their job on the. it didn't happen. after the super committee disbands, that night, the president says this -- >> already, some in congress try to undue the spending cut. my message is simple. no i will veto any evident to get rid of the automaticbe it was cut. no easy off-ramp on this one. we need to keep the pressu
MSNBC
Feb 20, 2013 9:00am PST
. the sequester is not a cliff. it's not a cliff, curb, drop, it's not a debt ceiling, it just begins on march 1st. it doesn't mean anything gigantic happens. the cuts will be spread out over the course of a year. you don't make them all at once, but it's bad. it's a bad way to run a government, bad way to cut spending. jared will tell you he thinks the gdp numbers will be revised up, and i think he might be right, but from what we saw, we had a shrinkage in the fourth quarter of 2012, first time in years. that's the first step towards a recession. we had very, very weak policy throughout the course of the recession, in large part because we've been cutting too much from spending, basically, from 2009. so to do a big cut of a size that nobody expected to actually go into effect, it's bad management for the macro economy, for large programs, of course, but that said and the recent notes of the market freaking out, it is not doomsday. we have a tendency in washington of wildly overhyping everything we do. this is not like the debt ceiling or even the fiscal cliff. this is not doomsday even if it doe
Search Results 0 to 9 of about 10 (some duplicates have been removed)